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Neighborhood Profile, Palmer Lake

Homes in Palmer Lake Area are in the Monument Area in Colorado Springs

 Search for Homes in Monument

Zip Code 80133

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The Palmer Lake housing market continues to be a BUYER’S Market, as there is currently a 5.5 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.   

Here’s a quick summary of the 2010 and 2011 Real Estate Market for Palmer Lake

  • Pricing decreased by 15% from 2010 to 2009.
    • IMG_7649 Palmer LakePricing has continued to decrease in 2011.
  • Number of homes sold stayed the same from 2010 to 2009
    • Number of homes is continuing to the stay the same in 2011
  • Days on Market decreased by 73% from 2010 to 2009
    • Days on Markets has increased in 2011 to 174 days.
  • Price per FINISHED square feet increased by 2% from 2010 to 2009.
    • Price per FINISHED square feet has decreased in 2011 to 2010.

The School District is 38, and the majority of students to go Palmer Ridge High School.  

Palmer Lake is located East of Interstate 25 on Highway 105. 

Palmer Lake Homes

Year

Price

Total Sold

Average Price per FINISHED sq foot

Average Days on Market

Average Sold Per Month
2011

$167.215

20

$95

174

2.0

2010

$201,134

22

$108

95

1.9

2009

$230,114

22

$111

165

1.9

2008

$247,259

22

$122

128

1.9

2007

$264,756

25

$131

124

2.1

2006

$262,400

35

$123

80

2.9

2005

$240,396

25

$124

89

2.1

2004

$208,350

34

$123

58

2.9

This Colorado Springs Real Estate report contains information on Single Family Homes in Palmer Lake

 This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

 If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

 To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049)   KTorline@msn.com 

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Pricing is increasing the Monument Area

Monument Colorado Housing, Single Family

Neighborhoods Include:  Palmer Lake, Woodmoor, King’s Deer

Zip code 80132

Search for homes in Monument

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sales price 6 30 2011

Here’s a quick summary of the Real Estate Market for Monument

  • Pricing increased by 1% from 2010 to 2009
  • Number of homes sold decreased by 2% from 2010 to 2009
  • Days on Market decreased by 10 % from 2010 to 2009
  • Sales units have decreased in 2011 but pricing has increased.

Most Expensive Read the rest of this entry »

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Homes prices in Monument continue to decline, down by 12% in 2010

Colorado Spring Housing Market for Tri-Lakes, Includes Homes in Monument and Palmer Lake
Search for Homes in Palmer Lake and Monument

Zip Code 80132

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 The Monument Real Estate market continues to be a Buyer’s Market, as there is currently a 8.5 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.   Sales were up 20% from 2010 to 2009, but pricing was down 12% from 2010 to 2000.   

 Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004

                                   

  2010 2009 2008 2007 2006 2005 2004
  Number of Homes Sold

434

363

 383

 469

 630

 675

 673

  Average Sale Price $350,432

$396,798

$407,407

$450,756

$434,392

$418,258

$373,323

  Average Days on Market

106

122

 109

 107

94

 71

 67

  Average # of house sold per month

36

30

31.9

39.1

 

52.5

56.3

 

56.1

                 

 Current Report as of 1-20-2011 in Tri-Lakes

  • Active listings:  307
  • Absorption Rate:    36 homes per month, a 8.5 month supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family homes in Palmer Lake.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

 

If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

To find out more information about buying a home or an investment property in Colorado Springs area, call ….

Kathy (719-287-1049)   KTorline@msn.com

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Monument home sales have been increasing in 2010

Colorado Spring Real Estate 

Market Report for Tri-Lakes, Includes Homes in Monument and Palmer Lake as of 8-31-2010

Search for Homes in Palmer Lake and Monument

Zip Code:  80132, 80132 

The Monument Real Estate market continues to be a Buyer’s Market, as there is currently a 13 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.   Sales were down 5% from 2009 to 2008, but pricing was only down 3% from 2009 to 2008.  Pricing and sales continues to decrease in 2010.

 

Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004                                  

 

2010

2009

2008

2007

2006

2005

2004

  Number of Homes Sold

288

363

 383

 469

 630

 675

 673

  Average Sale Price

$382,218

$396,798

$407,407

$450,756

$434,392

$418,258

$373,323

  Average Days on Market

105

122

 109

 107

94

 71

 67

  Average # of house sold per month

36

30

31.9

39.1

 

52.5

56.3

 

56.1

                 

 Current Report as of 8-31-2010 in Tri-Lakes

  • Active listings:  418
  • Absorption Rate:    36 homes per month, a 11.6 month supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family homes in Palmer Lake.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

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Colorado Springs Foreclosures, Tri-Valley Area including Palmer Lake and Monument

Market breakdown for Active Homes in Monument and Palmer Lake as of 11-12-08

Search for Foreclosed Homes in Colorado Springs

Includes Homes in: Woodmoor, Kings Deer, Palmer Lake, Walden Reserve, Jackson Creek

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Active as of  11-12-08:  483

  • Single Family Homes:   456 (94%)
  • Condos/Townhomes/Patio Homes:   27 (6%)

Breakdown of Active homes for sale as of 11-12-08:  Read the rest of this entry »

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Palmer Lake Homes, market report for September

Single Family Homes in Palmer Lake

Search for Homes in Colorado Springs

The absorption rate of 1.8 houses per month shows that there is a 9 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area.

Palmer Lake is located North of Colorado Springs and in District 38 schools

Recap of September Activity in Palmer Lake

  • Homes Sold in the last month:  2
    • 3512 Alpine (2251 sq. feet) $180,000
    • 3612 Alpine (2650 sq. feet) $180,000

Recap of  1-1-08 to 9-30-08 Activity in Palmer Lake

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